$ 5,949,000
-
$5,949,000
Price -
16
Bed -
15
Bath -
13,819
SqFt
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About the Listing CLW-X75379 - CLW-C125316,CLW-X92246
FULLY VACANT 8 UNIT COMPOUND!! Presenting 11810 Gilmore St, a brand-new, 8-unit townhouse complex offering modern design, spacious layouts, and premium finishes in the heart of North Hollywood. Situated in an Opportunity zone, this stunning new development consists of four duplex buildings with a desirable unit mix: six 4 bed/4 bath units, one 3 bed/3 bath unit, and one 5 bed/4 bath unit. Each unit features open-concept living spaces, expansive windows that bring in natural light, and private rooftop decks. The property includes parking for 14 cars, with room for an additional four vehicles. Designed for strong cash flow and minimal upkeep, this extremely low-maintenance property is projected to generate $444,720 annually ($37,060/month) with a cap rate of 5.8%. Currently 100% vacant, the property can be purchased as-is, providing flexibility for an investor to lease at market rents from day one. Located minutes from the 101 and 134 freeways, tenants enjoy convenient access to all of Los Angeles. Just around the corner, NoHo West offers premier shopping, dining, and entertainment, while the NoHo Arts District provides a vibrant cultural scene with theaters, nightlife, and boutique shops. A rare opportunity to own a high-performing, turn-key asset in one of LA's most sought-after rental markets.
Listing Highlights for 11810 Gilmore St
Status
Active
Days on Site
180
Property Type
Multi-Family
MLS ®
25509289
Year Built
2025
Total Square Footage
13,819
Lot/Acreage
0.26
County
Los Angeles
Interior Details
- Bedrooms: 16
- Bathrooms: 15 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 14
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer: Other
- Parking Features: Attached Carport,Tandem Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2322016030
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
11810 Gilmore St North Hollywood, CA 91606
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